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Video tutorial: Efficiency in competitive markets

4,251 views

The CORE Project

Video Language:

  • English

Caption Language:

  • {{captionLanguage | language_name}} ({{captionLanguage}})

Accent:

  • English (UK)

Speech Time:

95%
  • 6:22 / 6:40

Speech Rate:

  • 132 wpm - Conversational

Category:

  • Education

Tags :

Intro:

Special thanks to The Free Dictionary for providing us with the information used in this web page

Video Vocabulary

compared

/kəmˈper/

compared
adjective verb

How similar and different things are. estimate similarity or dissimilarity between.

difference

/ˈdif(ə)rəns/

difference
noun verb

Not of the same kind; unlike other things. alter coat of arms.

markets

/ˈmärkət/

markets
noun other verb

gathering for trade. Needs or demands for particular products or services. To publicize products to get you to buy; advertise.

producer

/prəˈd(y)o͞osər/

producer
noun

person or thing that produces goods.

operating

/ˈäpəˌrāt/

operating
verb

To perform surgery on someone.

walking

/wôk/

walking
noun verb

Act of moving with your legs at a slowish pace. move at regular pace by lifting and setting down each foot in turn.

consumers

/kənˈso͞omər/

consumers
noun other

person who purchases goods and services. People who buy goods or services.

maximise

/ˈmaksəˌmīz/

maximise
verb

make as large or great as possible.

represents

/ˌreprəˈzent/

represents
verb

To act or speak for another person or other people.

selling

/sel/

selling
verb

To exchange something for money.

surplus

/ˈsərpləs/

surplus
adjective noun

More than is needed or wanted. amount of something left over when requirements have been met.

competitive

/kəmˈpedədiv/

competitive
adjective

characterized by competition.

willing

/ˈwiliNG/

willing
adjective verb

Act of making a choice. To influence someone to do something.

purchased

/ˈpərCHəs/

purchased
verb

To buy something; to get by paying money for it.

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